London based developer Anthology has acquired its fourth site to provide 250 new homes in a “landmark tower”, close to Tottenham Hale tube station.
Backed by funds managed by Oaktree, the developer − currently on site in Hoxton, N1, and Deptford, SE8, and soon to be on site in Wembley, NW10 − acquired the site for £18.2m from Lee Valley Estates.
The plot is the final phase of Hale Village, which originally started construction back in 2008 and where close to 1,000 homes have now been completed.
Original plans for this final plot were for an 18-storey tower, although pre-application documents revealed by Haringey Council last year indicate this will likely rise to 28 storeys − maybe even 30, according to Anthology − though this will be finalised over the coming six months. The south-easternmost plot is ideally situated, closest to the Tottenham Hale station.
Adam Gaymer, executive director of Anthology, said: “We have worked hard to secure this fantastic development opportunity and are thrilled to be working in association with the GLA to bring these new homes to this thriving location.
“We aim to construct a landmark building which will further enhance the local infrastructure. As the area continues to grow, there is a strong demand from both domestic homebuyers and investors in N17.
Previous proposals for the site were designed by Stockwool (below), although a new design team will be in place for Anthology’s plans with a detailed planning application likely to be submitted by mid-2017. The Stockwool scheme which isn’t being progressed, does however give us give an indication of the likely scope of the landmark tower which will now benefit from GLA Housing Zone funding.